$899,000
For Sale by Owner
Listed 6 months ago

8BR Multi-Family for Sale in Los Angeles, CA

2500 Lincoln Park Ave, Los Angeles, CA 90031
8 Beds
4 Bath
Built 1903
PropSlick Verified Data Key facts & insights for this exact address
1903
Year Built
$11,529
Property Tax / yr
13,861 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built1903
Lot Size13,861 sq ft
Annual Property Tax$11,529

Property Description

TWO VACANT UNITS!, in Los Angeles' historic Lincoln Heights with upside and immediate cash-flow potential. The property is located in a vibrant, high-demand area with convenient access to the city center, transit, and major freeways, and is centrally positioned near Downtown, Highland Park, Pasadena, and Dodger Stadium. This well-maintained triplex offers three separate units, each individually metered for water, electricity, and gas, along with private outdoor patio space. The property currently offers two vacant units: a 2-bedroom, 1-bath middle unit and a 3-bedroom, 1-bath top unit, creating flexibility for owner-users or investors seeking market rents. The additional 3-bedroom, 2-bath unit is tenant occupied. An excellent opportunity for both cash flow and long-term appreciation with a projected 8%+ pro forma cap rate. Buyer to verify all financial information and potential income.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Washer/Dryer
Backyard/Patio

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
View Full Property History on MarketTimeline
Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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